‘Arrogant’ Bitcoin Fans are ‘Absolutely Clueless,’ Rants Crypto-Hating Nouriel Roubini

Bitcoin is an “exponential, parabolic bubble,” and bitcoin investors are “arrogant, ignorant, clueless” zealots and fanatics. That’s the opinion of avowed crypto-hater Nouriel Roubini, an economics professor at New York University. Roubini made the remarks in an interview with the CFA Institute, where he again trashed cryptocurrencies as worthless and its proponents as mouth-breathing morons. Bitcoiners are Ignorant ‘Zealots and Fanatics’  Roubini says he doesn’t understand how bitcoin enthusiasts can be so clueless and gullible because it’s obvious to him that the entire industry is a massive scam. “I engage on Twitter and also have attended many of these

The post ‘Arrogant’ Bitcoin Fans are ‘Absolutely Clueless,’ Rants Crypto-Hating Nouriel Roubini appeared first on CCN

News – CCN

Why Bernie Sanders Should Absolutely Never Take Hillary Clinton’s Advice

She attempted – and failed – to become president in 2008 and 2016. What advice could she possibly offer? In an interview with “The View” on ABC News Friday, Vermont Senator Bernie Sanders said he would not meet with former secretary of state Hillary Clinton for advice, as other 2020 Democratic presidential hopefuls have done. Meghan McCain, the daughter of the late Senator John McCain and an avowed conservative, posed the question to Bernie about whether he’d take Clinton’s help in his bid to win the presidency in 2020. McCain said: We’re hearing about a lot of candidates who are

The post Why Bernie Sanders Should Absolutely Never Take Hillary Clinton’s Advice appeared first on CCN

News – CCN

Cryptocurrency Miners are Making Millions for Doing Absolutely Nothing

The latest issue of Diar points out that Bitcoin miners and other crypto miners have made tens of millions of dollars without processing a single transaction. The major proof-of-work blockchains, Bitcoin, Ether, Litecoin, and Dash, have earned in excess of $ 18 billion. Bitcoin Cash miners have earned just under $ 1 billion since the fork. Zcash miners have actually earned more than Bitcoin Cash miners, and Zcash is one of the most under-utilized networks studied. Bitcoin and Ethereum Process The Most Transactions In total, Bitcoin Cash miners have processed over 3300 empty blocks since August 2017. In total, an average of

The post Cryptocurrency Miners are Making Millions for Doing Absolutely Nothing appeared first on CCN

News – CCN

Top 10 Stocks US Hedge Funds Absolutely Love in 2019

Top hedge fund managers weren’t scared away from the popular FAANG stocks during a dreadful Q4 for the U.S. stock market. Facebook (FB), Apple (AAPL), Amazon (AMZN), Netflix (NFLX), and Alphabet (GOOGL) are among the 20 stocks most favored by a select group of over 400 large hedge funds analyzed by WalletHub. Apple, Amazon, and Alphabet are in the top five on WalletHub’s list for the second straight quarter. All three stocks have gains of at least 400% over the past decade. Facebook jumps into the top 5 after Mark Zuckerberg’s company fell short in Q3 amid ongoing privacy concerns.

The post Top 10 Stocks US Hedge Funds Absolutely Love in 2019 appeared first on CCN

News – CCN

Why Amazon is on the Verge of Absolutely Upending These 4 Markets Worth $220 Billion

There be no shelter from Amazon. The retail titan is rapidly expanding in so many directions that its front lines of competition are everywhere. Amazon is currently sending shockwaves through four different markets totaling $ 220 billion in value. Two of them are underway, one is a threat, and one is an opportunity. The fourth is a literal game-changing move, given that Amazon is making bold advancements in video games. Jeff Bezos Tabloid Drama is a Distraction Over at The Washington Post, Elizabeth Dwoskin asks: Does Jeff Bezos’ behavior put Amazon at risk? She says: “Jeffrey P. Bezos’s alleged explicit selfies

The post Why Amazon is on the Verge of Absolutely Upending These 4 Markets Worth $ 220 Billion appeared first on CCN

News – CCN

SpaceX Layoffs Were Caused by ‘Absolutely Insane’ Projects, Admits Elon Musk

There aren’t many CEOs who can blame company layoffs on interplanetary space crafts and Space-based Internet. But then, there aren’t many CEOs like Elon Musk. During an investor call for Tesla on Wednesday, Musk argued that the SpaceX layoffs were completely different and due to his company’s ‘absolutely insane’ projects. SpaceX documentary actual footage pic.twitter.com/RrEwYwMNgj — Elon Musk (@elonmusk) January 28, 2019 Insane or intrepid, no one likes losing their job. Come to think of it, no one likes hearing that to keep their job, they must work relentlessly and say goodbye to their work-life balance either. Musk may be

The post SpaceX Layoffs Were Caused by ‘Absolutely Insane’ Projects, Admits Elon Musk appeared first on CCN

News – CCN